Kraken explores pre-IPO funding round: Bloomberg Kraken is co | Crypto ▪︎ Bitcoin ▪︎ Trading ▪︎ News
Kraken explores pre-IPO funding round: Bloomberg
Kraken is considering doing another funding round as it potentially eyes an initial public offering, Bloomberg reported Thursday, citing people familiar with the matter. The crypto exchange could raise north of $100 million in a pre-IPO round, as investors turn toward the crypto market amid a rally in token prices, sources told Bloomberg. If Kraken chooses to raise more funds, the round could be completed by the end of the year, according to one source who spoke with the publication.
